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Denver $200 million Aviation Department bonds have mandatory tender
By Melissa Kory
Cleveland, Aug. 16 - The City and County of Denver said its $100 million of series 2008C2 and $100 million of series 2008C3 Department of Aviation airport system revenue bonds are subject to a mandatory tender on Aug. 31.
The mandatory tender is in connection with the termination by the city and county of the bonds' direct-pay letters of credit.
The bonds will be purchased at par plus accrued interest to the tender date.
Zions Bank is the trustee.
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